Retail Finance Underwriter - KFS Recruitment : Job Details

Retail Finance Underwriter

Hampshire

Up to £28k

(Please note, you will be required to work one Saturday and one Sunday per month)

We are working with a well established lender, who are looking for an Underwriter for their retail finance division.

This role is responsible for processing credit and fraud referrals from point of sale consumers.

Key Responsibilities:

• Evaluate accuracy and authenticity of application details.
• Validate applicant’s identity where required.
• Evaluate applicant’s ability to meet required payments.
• Ensure relevant statutory obligations are met in the assessment of any potential new loans.
• Ensure that credit applications are decisioned in an accurate and timely manner making full use of all systems and processes available.
• Provide internal and external customers with a professional and efficient service in an enthusiastic and knowledgeable manner to maintain and develop business relations.

Skills and Experience

• Experience of either insurance, mortgage or consumer underwriting
• Experience of consumer underwriting preferable but not essential
• Strong credit assessment skills with the ability to review credit searches and fraud indicators to inform the decision and bank statements in order to make informed lending decisions
• An awareness of the consumer credit act and FCA regulation
• Ability to work in a dynamic fast paced environment, taking the initiative to challenge and improve the processes
• Inquisitive and analytical mind with a keen eye for detail.
• Ability to make sound risk-based lending decisions.
• Ability to achieve and exceed targets.
• Understanding of regulatory requirements (Consumer Credit Act, Anti Money Laundering, Data Protection, Treating Customers Fairly).
• Self-motivated with strong business, organisational skills and the ability to prioritise
• Strong interpersonal skills and the ability to work alongside other departments.
• Knowledge of the Consumer Credit industry beneficial but not essential.